When we launched Earned Wage Access, we did it to help employees bridge short-term gaps between paydays through instant access to the money they’ve already earned.
As the product grew, the data showed that people needed extra to cover rent, pay tuition, handle emergencies, and invest in their futures. And accessing fair, responsible loans has been complex, intimidating and near impossible to the everyday employee.
That’s why we built the Loan Marketplace, a simple, secure, and ethical way to access credit directly from your workspace.
Why Loan Marketplace, and Why Now?
At PaidHR, we believe financial stability is the foundation of productivity and peace of mind.
But we also know that most workplaces don’t have the capacity or mandate to act as lenders.
Our goal isn’t to turn into a bank, but to bridge the gap between work and responsible access to credit. So we created a marketplace, a space where trusted, regulated financial institutions partner with employers to offer employees fair-rate credit, linked to their payroll .
The Marketplace launches with Yield Bank as its flagship lender. Through this partnership, employees can apply for loans to cover expenses higher than their paychecks can cover.
As we grow, the Marketplace will expand to include multiple lenders, giving employees more options, more flexibility, and better rates all within a unified, transparent ecosystem.
How It Works
For employers: Support your team’s financial wellbeing without spending a naira. All you need to do is validate applications. The lenders handle everything else, from disbursement to repayment. And even when an employee leaves your organisation, you have no liability, For Employees, It’s simple, access the Loan Marketplace directly from your employee dashboard. Browse available loan options from verified financial partners, apply and track your request till the money is disbursed to your account.
The Big Picture
The Loan Marketplace isn’t just about access, it’s about agency. We want to help lenders connect with real people through trusted workplace ecosystems. We want to help employees take charge of their financial decisions without shame or risk. And we want to help employers offer tangible wellbeing benefits without administrative strain.
The result? A workforce that’s less financially stressed, more focused, and more loyal. Want to offer this benefit to your people, Schedule a demo.
